Finance Lead – Mutual Fund

Job Description: Finance Lead

Role details

– Location: Mumbai

– Reporting to: Chief Executive Officer

Accounting and financial reporting:

– Own the books of accounts of the AMC and ensure accurate, timely monthly closing.

– Prepare the monthly P&L and the balance sheet, with clear commentary for management.

– Present actuals against projections and against the previous year, explaining the key variances.

– Prepare financial statements and reports for the Board, Audit Committee and other committees as required.

Budgeting and projections:

– Prepare the annual budget and periodic reforecasts with business heads and the CEO.

– Track business performance against budget and flag gaps early with corrective options.

– Support management with profitability analysis and cost-benefit evaluation of initiatives.

Expense control:

– Control company expenses, including employee expenses such as travel, reimbursements and other claims, in line with approved policies.

– Review vendor payments and approve them within delegated limits.

– Report cost trends and savings opportunities to management.

Taxation and statutory compliance:

– Manage direct and indirect tax matters: GST, TDS, advance tax and income tax returns.

– Ensure timely deduction, payment and filing of statutory dues and returns, such as GST and TDS on salaries, vendor payments and distributor commissions.

– Handle tax assessments, notices and queries with consultants as required.

– Ensure compliance with applicable accounting standards, the Companies Act and other financial regulations.

Audits and controls:

– Coordinate statutory, internal, tax and regulatory audits, and close audit observations on time.

– Maintain sound internal financial controls, with clear approval processes and documentation.

Systems and team:

– Evaluate accounting and finance software, recommend the best fit for the AMC and oversee its implementation.

– Lead and develop the finance team; set priorities and review their work.

– Work with Operations, HR, Compliance and business heads on finance requirements.

Education and Experience:

– Chartered Accountant (CA).

– Post-qualification experience in finance and accounting, preferably in an asset management company, mutual fund or other financial services firm.

– Experience of managing a small finance team.

Why join us:

– Strong Leadership Vision: Work with a leadership team committed to innovation, transparency, and long-term investor value.

– High Growth Impactful Environment: Work with high performing teams in a fast-growing organization to create meaningful impact.

– Competitive Rewards and Benefits: Attractive compensation, performance-linked incentives, and recognition for merit along with best-in-class benefits.